None
EN
CHFJPY Crashes Below Key Support, Eyes 192.00, 3 August 2026
[]
FinanceFeeds
CHFJPY Crashes Below Key Support, Eyes 192.00, 3 August 2026English 日本語한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañolCHFJPY currency pair can be expected to fall further to the next support level 192.00 (former monthly low from last December).
CHFJPY broke support zoneLikely to fall to support level 192.00CHFJPY currency pair has been falling sharply after the price broke the support zone between the key support level 197.30 (which has been reversing the price from the January, as can be seen from the daily CHFJPY below) and the support trendline of the daily down channel from April.
The breakout of this support zone accelerated the active intermediate impulse wave C – which belongs to the extended ABC correction B from April.
Given the strength of the active intermediate impulse wave C and the widely spread bearish yen sentiment seen across the FX markets today (on BOJ interventions), CHFJPY currency pair can be expected to fall further to the next support level 192.00 (former monthly low from last December).
We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.